Gemini Dollar (GUSD) gets a bearish rating from InvestorsObserver Tuesday. The Stablecoins asset is up 0.79% to $1 while the broader crypto market is up 3.42%.
Gemini Dollar has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Gemini Dollar!
Bearish
Over the last five days, Gemini Dollar has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Gemini Dollar over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Gemini Dollar is currently trading near its five-day low of $0.989863932132721. The Stablecoins asset is 7.20% off its five-day high and is 1.02% higher than its five-day low of $0.989863932132721.Gemini Dollar price is trading near resistance. With support set around $0.986788048791296 and resistance at $1, could face selling pressures soon.
Gemini Dollar has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.Due to a lack of data, this crypto may be less suitable for some investors.
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